​Sept fuel price increase

In a statement by the Independent Consumer & Competition Commission (ICCC), fuel prices for petrol, diesel, kerosene all rose in response to rising global oil prices.

For Port Moresby motorists, petrol rose by 13.06 toea per litre (tpl) and now sits at 319.58 tpl; diesel increased by 5.76 tpl and is now selling at 259.05 tpl; and kerosene prices grew by 7.73 tpl to sell at 244.15 tpl.

The ICCC states that retail prices for all other designated centres will change according to their approved in-country shipping and road freight rates charged by other fuel distributers.

The Commission says it will be carrying out routine inspections to ensure all fuel retailers comply with the new price change.